Veeam


Veeam Software is a privately held information technology company that develops backup, disaster recovery and intelligent data management software for virtual, physical and multi-cloud infrastructures. The company’s headquarters are in Baar, Switzerland.
The name "Veeam" came from the phonetic pronunciation of the letters "VM" — virtual machine.

History

and Andrei Baronov founded Veeam in 2006. Timashev and Baronov had sold their previous IT management software company, Aelita Software Corporation, to Quest Software in 2004; Dell subsequently acquired Quest Software in 2012. In June 2016, Dell announced the sale of its software division, which included Quest, to Francisco Partners and Elliott Management Corporation.
The first Veeam products, Veeam Monitor and Veeam Reporter, provided virtual-infrastructure monitoring, reporting, analysis and documentation. Later, in 2010, the company combined both products to form Veeam ONE. Veeam gained attention in 2007 with its free VM backup copy product, FastSCP, which became a basis for building Veeam's data-protection software for hardware virtualization.
In 2014, Veeam held its first conference on data protection and availability called "VeeamON," which took place in Las Vegas, Nevada.
In 2016, Veeam appointed Peter C. McKay, prior Senior Vice President and General Manager, Americas with VMware, as President/COO. In 2017, Peter McKay and Andrei Baronov were promoted to the company’s Co-CEO roles. In late 2018, Andrei Baronov was promoted to CEO.
The company has a number of international offices, including regional headquarters for EMEA in Paris, France, for the Americas in Columbus, Ohio, for the Middle East in Dubai and for the Asia-Pacific region in Sydney, Australia.
On January 9, 2020, Insight Partners announced that they would purchase Veeam in a $5 billion deal and move the company to the US.

Software

In 2008, with 10 employees, the company released Veeam Backup & Replication, a tool that provided VMware vSphere VMs with incremental backups and image-based replication, with built-in data deduplication and compression. Veeam Backup & Replication started supporting Microsoft Hyper-V in 2012.
In 2015, the company extended its product line with a free backup utility for physical endpoints — Veeam Endpoint Backup FREE; it supports PCs running 32- and 64-bit versions of Microsoft Windows OS and integrates with Veeam Backup & Replication. In the same year, it released Veeam FastSCP for Microsoft Azure, a tool for copying files between on-premises and Microsoft Azure VMs.
In 2016, it launched Veeam Backup for Microsoft Office 365, for backing up Office 365 Exchange servers, and Veeam Availability Orchestrator, a multi-hypervisor disaster recovery orchestration software with documenting, testing and reporting capabilities.
In 2017, it introduced three new products: Veeam Agent for Microsoft Windows and Veeam Agent for Linux — for physical workload data protection with various backup/restore scenarios including cloud, and Veeam Availability Console — a free tool for managing Veeam-powered data protection and disaster recovery in distributed infrastructures and enabling BaaS and DRaaS services delivered through service providers.

Acquisitions

In 2008, the company acquired nworks to further integrate VMware management with Microsoft and Hewlett-Packard enterprise system management platforms.
This resulted in two new products:
In 2012, both products were renamed to Veeam Management Pack and Veeam Smart Plug-In, omitting the word "nworks."
In 2017, Veeam acquired N2WS, a company providing cloud-native enterprise-grade backup and disaster recovery solutions for Amazon Web Services.